"Graeme Julian Samuel" Companion of the Order of Australia/AC is an Australian businessman. He was the Managing Director and head of the Melbourne office of M&A advisory firm Greenhill & Co./Greenhill Caliburn, and is a member of the Australian National University Council. He previously served as the chairman of the Australian Competition and Consumer Commission from 1 July 2003 to 31 July 2011.

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The ACCC maintains that regardless of a creditor having a potential further right of access to the courts, the Trade Practices Act 1974 precludes the creditor from misleading consumers about their rights when pursuing the debt in the meantime by claiming or suggesting it is entitled to the outstanding monies.

Although Toll did offer undertakings relating to rail, the information available indicated to the ACCC that these undertakings were not sufficient to address the competition concerns.

The ACCC is not satisfied, at this stage, that the terms and conditions of those undertakings are reasonable.

This year's report shows that prices have continued to increase in 2004-05, although to a lesser extent than those increases experienced over 2000-01 to 2002-03.

Even with Toll's proposed undertakings, significant detrimental effects on competition are still likely to arise.

We are carefully considering the material before us and expect to determine in a matter of weeks whether or not we will issue a competition notice to Telstra.

Our primary concern had always been and clearly stated to be that east-west route and if Toll took over Patrick it would then have 100% of Pacific National.

A merger of the second and third largest suppliers of architectural and decorative paint has the potential to lead to a significant reduction in competition and increased prices.

However, increased passenger numbers have seen airport costs on a per passenger basis generally decrease or slightly increase during this time and combined with price rises, airport profitability has risen substantially over the period.